Gold Daily Video, 13 April, 2016

[Sive Morten]

Good morning,

Gold shows absolutely logical behavior. Now all eyes on 1240 level:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

Well...perhaps my 'theory' will come to fruition!? Top of Head..1280 approx...Neckline 1207 approx. Ultimate Target..1130 aprox!?
What about it..?
Spasib(o)

 

[Sive Morten]

Well...perhaps my 'theory' will come to fruition!? Top of Head..1280 approx...Neckline 1207 approx. Ultimate Target..1130 aprox!?
What about it..?
Spasib(o)

Yep.
But I'm not sure that gold will reach "ultimate" one. Initially may be it makes sense to look at 1180-1190 first...